Don't Ignore This Chart!

Scan for 3 Black Crows Turns up MDY

Arthur Hill

Arthur Hill

Chief Technical Strategist, TrendInvestorPro.com

Three Black Crows is a bearish candlestick reversal pattern with three black filled candlesticks. A candlestick is filled when the close is below the open. Despite this bearish pattern, volume remains relatively low and support from broken resistance is at hand. Click here to see our scan page with candlestick patterns.

110411mdy
Click this image for a live chart.

Arthur Hill
About the author: , CMT, is the Chief Technical Strategist at TrendInvestorPro.com. Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London. Learn More